5 Bed HMO, Swindon, SN1 3JP £355,000

Dover Street, Swindon, SN1 3JP - 1 views - a year ago
HMO
ROI: 6%
~124 m²
Property image

ValuationUndervalued

Sold Prices£207K - £1.1M
Sold Prices/m²£2.4K/m² - £4K/m²

 

 

Square Metres

~124.30 m²
Price/m²£2.9K/m²

Value Estimate

£435,454
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£88,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£115,450

 

 

Cash Out

 

Room Rate

£580

Gross Rent

£2,900

Running Costs/mo

£2,303

Cashflow/mo

£597

Cashflow/yr

£7,160

ROI

6%

Gross Yield

10%

Local Sold Prices

29 sold prices from £207K to £1.1M, average is £550K. £2.4K/m² to £4K/m², average is £3.3K/m².

Price
Date
Distance
Address
Beds
 
£562.5K06/210.25 mi96, Bath Road, Swindon SN1 4AY5
£780K09/220.27 mi109, Bath Road, Swindon SN1 4AX5
£350K06/210.27 mi111, Bath Road, Swindon SN1 4AX5
£510K07/250.37 mi147, Goddard Avenue, Old Town, Swindon SN1 4HX5
£635K03/250.37 mi144, Goddard Avenue, Old Town, Swindon SN1 4HX5
£635K03/250.37 mi144, Goddard Avenue, Old Town, Swindon SN1 4HX5
£650K03/250.54 mi56, Okus Road, Swindon SN1 4JP5
£650K03/250.54 mi56, Okus Road, Swindon SN1 4JP5
£550K03/250.55 mi58, Okus Road, Swindon SN1 4JP5
£550K03/250.55 mi58, Okus Road, Swindon SN1 4JP5
£712.5K06/240.64 mi2a The Oaks, Pleydell Road, Old Town, Swindon SN1 4DH5
£1.1M06/240.64 mi16, Roman Crescent, Old Town, Swindon SN1 4HH5
£830K08/230.69 mi2, Nicholas Court, Swindon SN1 4HJ5
£525K03/250.73 mi25, Falmouth Grove, Old Walcot, Swindon SN3 1EJ5
£580K09/240.75 mi86, Croft Road, Swindon SN1 4DW5
£360K03/250.79 mi14, Seacole Crescent, Old Town, Swindon SN1 4GN5
£750K11/220.79 mi9, Greywethers Avenue, Swindon SN3 1QG5
£675K05/210.86 mi29, Tithe Barn Crescent, Swindon SN1 4JX5
£466K09/240.99 mi14, Collard Close, East Wichel, Swindon SN1 7AS5
£681.5K07/251.09 mi27, Windsor Road, Lawn, Swindon SN3 1JP5
£352K02/251.22 mi14, Malvern Road, Swindon SN2 1AR5
£395K12/221.62 mi18, Stancombe Park, Westlea, Swindon SN5 7AP5
£364K04/231.8 mi7, Tregantle Walk, Swindon SN3 3PF5
£420K09/211.83 mi19, Boness Road, Wroughton, Swindon SN4 9DX5
£207K06/211.9 mi19, Kirkstall Close, Toothill, Swindon SN5 8ED5
£630K08/231.94 mi175, Whitworth Road, Swindon SN25 3BX5
£472K03/231.95 mi52, Church Walk South, Swindon SN2 2JE5
£310K09/231.95 mi16, Church Walk South, Swindon SN2 2JE5
£432.5K04/231.96 mi7, Barcelona Crescent, Wroughton, Swindon SN4 9EE5

Local Area Statistics

Population in SN1

29,453

Population in Swindon

211,186

Town centre distance

1.07 miles away

Nearest school

0.10 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Price changed to £355,000

January 3, 2025

Listed for £362,500

December 19, 2024

Floor Plans

Property image

Description

  • 5 Bed HMO +
  • Ideal investment opportunity +
  • Old Town Location +
  • Currently not licensed but potential to obtain a license +

Attention Investors!Income Potential: £34,800 Per AnnumLocated in the sought-after Old Town area, close to a range of local amenities, this terraced property is a lucrative investment opportunity currently operating as an HMO.Property Features: Income: Generates a yearly rental income of £34,800. Layout: Five bedrooms, a shower room, an additional bathroom, a kitchen, and a communal lounge. Outdoor Space: Low-maintenance, fully enclosed rear garden.This property offers a fantastic return on investment and is ideally suited for seasoned or first-time property investors.EPC rating: D
Council tax band: B

Agent Details

Get Sold UK, Swindon

01793 387609

Next Steps?

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